Goldman Sachs said it is considering options for its $29 billion investment adviser business, in what could mark the latest step back from its ambitions to be a bigger Main Street player.
In a statement Monday, the bank said the investment-adviser business, which it refers to as personal financial management, was a very small component of its overall wealth-management operations. "We are currently evaluating alternatives for that business," Goldman said. "We expect to find an outcome that benefits both our clients and our advisors."
France Dernières Nouvelles, France Actualités
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